Consider a perpetuity which pays $50 at the end of each quarter-year forever. Using an interest rate of (4) 10.8% find the following: (Answers to the nearest cent) The present value of the perpetuity. The answer to the nearest dollar is $1,852. Find the answer to the nearest cent. Number Assuming that the first payment is doubled to $100 and the subsequent payments are all $50 each. Find the present value. Number Assuming that the first 12 payments are doubled to $100 each and the subsequent payments are all $50 each. Find the present value. Number